Data Center
Debt outstanding and issued by Texas state agencies and local governments, as reported to BRB: every issuer and every bond issue in BRB's published tables and, where reported, what each issue cost to sell. BRB's local table leaves out obligations under one year, conduit debt and special obligations that need no Attorney General approval.
Texas cities, counties, school districts and other local governments had $365.5 billion of debt outstanding at the end of fiscal year 2025, according to the Bond Review Board's Data Center.
Source: Texas BRB Data Center, Local Debt page, Debt Outstanding card
BRB's 2025 Local Annual Report gives $368.30 billion for the same date (page 5). The report and the Data Center are compiled differently and BRB does not say why they differ; this site shows the Data Center figure.
$256.4 billion of that is tax-supported debt, which BRB defines as debt secured by ad valorem taxes alone or together with other revenue.
Source: Texas BRB Data Center, Local Debt page, Debt Outstanding card
$109.1 billion of that is revenue-supported debt, which is secured by a specified revenue source.
Source: Texas BRB Data Center, Local Debt page, Debt Outstanding card
Texas local governments issued $61.9 billion of new debt during fiscal year 2025, which runs from September 1 to August 31.
Source: Texas BRB Data Center, Local Debt page, Debt Issued card
$47.2 billion of the local debt issued in fiscal year 2025 was tax-supported.
Source: Texas BRB Data Center, Local Debt page, Debt Issued card
$14.7 billion of the local debt issued in fiscal year 2025 was revenue-supported.
Source: Texas BRB Data Center, Local Debt page, Debt Issued card
State agencies, universities and statewide entities had $77.1 billion of debt outstanding at the end of fiscal year 2025, according to the Bond Review Board's Data Center.
Source: Texas BRB Data Center, State Debt page, Debt Outstanding card
BRB's 2026 Debt Affordability Study gives $77.90 billion for the same date (page 5). The study and the Data Center are compiled differently and BRB does not say why they differ; this site shows the Data Center figure.
$16.2 billion of the state's outstanding debt is general obligation debt.
Source: Texas BRB Data Center, State Debt page, Debt Outstanding card
$60.8 billion of the state's outstanding debt is revenue-supported.
Source: Texas BRB Data Center, State Debt page, Debt Outstanding card
State agencies, universities and statewide entities issued $9.69 billion of new debt during fiscal year 2025.
Source: Texas BRB Data Center, State Debt page, Debt Issued card
$1.87 billion of the state debt issued in fiscal year 2025 was general obligation debt.
Source: Texas BRB Data Center, State Debt page, Debt Issued card
$7.82 billion of the state debt issued in fiscal year 2025 was revenue-supported.
Source: Texas BRB Data Center, State Debt page, Debt Issued card
Texas' 2026 private activity bond state ceiling is $4,280,825,835, the volume of tax-exempt private activity bonds the Board can allocate in the 2026 program year.
Source: Texas BRB 2026 PAB status summary (2026PABSUMMARY10.02.2026.xlsx)
BRB's weekly PAB status summary shows $87,287,708.27 as the current available allocation for 2026 as of October 2, 2026.
Source: Texas BRB 2026 PAB status summary (2026PABSUMMARY10.02.2026.xlsx)
| Issuer type | Debt outstanding | Debt issued | As of |
|---|---|---|---|
| Cities | $111,309,800,480 | $17,250,816,176 | Fiscal Year 2025 (Aug 31, 2025) (issued: Fiscal Year 2025 (Sept 1, 2024 to Aug 31, 2025)) |
| Counties | $20,088,366,789 | $2,971,920,000 | Fiscal Year 2025 (Aug 31, 2025) (issued: Fiscal Year 2025 (Sept 1, 2024 to Aug 31, 2025)) |
| Independent School Districts | $148,350,391,361 | $30,173,873,156 | Fiscal Year 2025 (Aug 31, 2025) (issued: Fiscal Year 2025 (Sept 1, 2024 to Aug 31, 2025)) |
| Water Districts | $55,047,643,924 | $7,629,234,000 | Fiscal Year 2025 (Aug 31, 2025) (issued: Fiscal Year 2025 (Sept 1, 2024 to Aug 31, 2025)) |
| Community & Junior College Districts | $6,423,187,120 | $851,910,000 | Fiscal Year 2025 (Aug 31, 2025) (issued: Fiscal Year 2025 (Sept 1, 2024 to Aug 31, 2025)) |
| Health & Hospital Districts | $5,423,123,255 | $1,182,630,000 | Fiscal Year 2025 (Aug 31, 2025) (issued: Fiscal Year 2025 (Sept 1, 2024 to Aug 31, 2025)) |
| Other Special Districts | $18,857,783,094 | $1,872,705,000 | Fiscal Year 2025 (Aug 31, 2025) (issued: Fiscal Year 2025 (Sept 1, 2024 to Aug 31, 2025)) |
Source: BRB Data Center class pages. Texas fiscal years run September 1 to August 31. The issuer-type pages add up BRB's open-data tables, which give whole dollars for each issue, so their totals can differ from these cards by a few dollars.
Private activity bonds, program year 2026
State ceiling $4,280,825,835. Available $87,287,708. As of October 2, 2026. Source: BRB PAB program summary.